Financial and Investment Advisor Services

This contract provides comprehensive investment and financial advisory services to the Jacksonville Aviation Authority. The original agreement, signed in December 2022, engaged PFM Financial Advisors LLC to conduct investment research, supervise fund investments, and manage a continuous program of asset evaluation, disposition, and reinvestment in accordance with the Authority’s investment policy. An amendment dated August 2026 exercised the sole‑source renewal option, extending the contract term an additional two years (2027‑2028) without altering scope or pricing terms. The arrangement is exempt from public disclosure under Florida statutes, and no monetary values are disclosed in the publicly available excerpts. • Scope: Investment advisory, research, fund supervision, ongoing portfolio management. • Term: Initial period 01/01/2023 – 12/31/2026, renewed to 12/31/2028. • Vendor: Single‑source award to PFM Financial Advisors LLC; no competing bids. • Compensation: Referenced to previously agreed rates; specific figures not disclosed. • Governance: Managed by JAA’s Contract Administrator Marilyn V. Fryar; records custodian email [email protected].